Home Prices Up Substantially Over a Year Ago
Washington, DC, Dec. 27, 2012 -- U.S. home prices in October were up 4.3% over a year ago, although they were lower than in September, according to the S&P/Case-Shiller 20-city index.
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Initial Jobless Claims Drop Again
Washington, DC, Dec. 27, 2012 -- Initial applications for unemployment benefits fell the week of December 22 to one of the lowest levels of the year, according to the Labor Department.
Trissl Presented Key to City of Florence, Alabama
Florence, AL, Dec. 24, 2012 -- The City of Florence, Alabama recognized Centiva president and founder Thomas Trissl with two honors.
Mohawk To Acquire Marazzi for $1.5 Billion
Calhoun, GA, Dec. 20, 2012 -- Mohawk Industries said it will acquire Italian tile maker Marazzi Group for $1.5 billion in cash and equity.
Shaw Living Opens New Las Vegas Showroom
Dalton, GA, Dec. 21, 2012 -- Shaw Living has opened a new showroom at the World Market Center in Las Vegas.
Consumer Spending Up Most in Three Years
Washington, DC, Dec. 21, 2012 -- U.S. consumer spending increased in November by the most in three years, according to the Commerce Department.
Durable Goods Orders Rise Again in November
Washington, DC, Dec. 21, 2012 -- Durable goods orders increased in November for the sixth time in seven months, but at a slower pace, the Commerce Department said.
Mohawk Names National Retailers of Year
Dalton, GA, Dec. 21, 2012 -- Mohawk has named the recipients of its National Retailer of the Year awards, which recognizes the top-performing retailer for both its ColorCenter and Floorscapes aligned retailer programs.
Consumer Sentiment Declines in December
Ann Arbor, MI, Dec. 21, 2012 -- The final University of Michigan-Thomson Reuters consumer sentiment index fell in December to a reading of 72.9 from 82.7 in November.
Existing Home Sales Highest in Three Years
Washington, DC, Dec. 20, 2012 -- Home resales rose 5.9% in November to an annual rate of 5.04 million, the highest rate since November 2009, according to the National Association of Realtors.